WinstonWınston
Stoneridge logo

Stoneridge

SRI
18
Auto - Parts · Consumer Cyclical
Price
$6.96
-0.29 (-4.00%)
Market Cap
$196.5M
Winston Score
18
Winston is worried
Weak fundamentals across most pillars.

Share count rising — dilution

+1.4% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 27.4M (2021) → 27.8M (2025)

Stoneridge, Inc. makes electronic systems and components for vehicles. Its main products include mirrors with built-in cameras, driver monitoring systems, and electrical control units used in cars, trucks, and commercial vehicles. The company sells to large automakers and commercial vehicle manufacturers across North America, Europe, and Asia.

Stoneridge earns revenue by selling hardware components directly to vehicle manufacturers, who install them during production. The company operates globally but generates a significant share of sales in Europe, where commercial vehicle regulations around safety technology have supported demand. With a market cap of roughly $200 million and currently negative operating margins, Stoneridge faces real pressure to cut costs and grow volume fast enough to cover its fixed expenses. The key risk is that weak vehicle production volumes — especially in commercial trucks — combined with a thin gross margin of 20% leaves little room for error if demand softens further.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-26.2% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-146.2% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$60M/ year

Declining (-17% vs prior year)

7.0% of revenue

1.7x the sector average (4%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

13.6%ownership

Rising

Insiders increasing their stake — aligned with shareholders

Cash Position

Cash flow positive

$71M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Stoneridge's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
21.7%
Thin — 21.7% gross margin
Operating Margin
-5.6%
Losing money on operations — -5.6%
ROCE
-2.9%
Weak — -2.9% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
-9.3%
Shrinking sales (-9.3% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
0/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
1.5%
Thin free cash flow (1.5%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
1.00
Moderate — manageable debt (1.00)
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial